Changes to Indemnification Trust: Effective Immediately! - PPA Today

Changes to Indemnification Trust: Effective Immediately!

PPA members, there have been two big changes to the indemnification trust agreement, and both affect claims regarding data loss:

A data loss claim will no longer be filed unless you have been a member in good standing for at least 30 days. This change was put into place to prevent fraud and prevent people from taking advantage of the indemnification trust.

The indemnification trust will now cover data loss that occurred internationally. However, if the data cannot be recovered it will become a dissatisfaction claim, and all US and Canadian laws will apply. As a reminder, the indemnification trust will not cover any lawsuits brought outside of the US, Canada, or their territories.